<div id="readability-page-1"><p><span>TIM (NYSE:TIMB - Get Free Report)</span> was downgraded by investment analysts at Wall Street Zen from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a report issued on Saturday.</p><p>A number of other research analysts also recently issued reports on TIMB. Barclays boosted their price objective on TIM from $27.00 to $28.00 and gave the company an &#34;equal weight&#34; rating in a research note on Friday. Weiss Ratings downgraded TIM from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a research note on Thursday. Citigroup downgraded TIM from a &#34;buy&#34; rating to a &#34;neutral&#34; rating in a research note on Wednesday, January 21st. Bradesco Corretora downgraded TIM to a &#34;neutral&#34; rating in a research note on Tuesday, April 28th. Finally, New Street Research upgraded TIM from a &#34;neutral&#34; rating to a &#34;buy&#34; rating in a research note on Tuesday, April 7th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, six have issued  a Hold rating and one  has issued  a Sell rating to the stock. According to MarketBeat, TIM presently has a consensus rating of &#34;Hold&#34; and an average price target of $26.10.</p><p><b>Get Our Latest Research Report on TIM</b></p><h2>TIM Trading Up 0.9%</h2><p>TIM stock opened at $23.82 on Friday. The business has a 50-day simple moving average of $26.13 and a two-hundred day simple moving average of $23.87. The company has a market cap of $11.53 billion, a P/E ratio of 14.52, a P/E/G ratio of 1.36 and a beta of 0.43. The company has a quick ratio of 0.86, a current ratio of 0.92 and a debt-to-equity ratio of 0.58. TIM has a 52-week low of $16.64 and a 52-week high of $28.22. </p><p>TIM (NYSE:TIMB - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.02). The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.32 billion. TIM had a net margin of 16.00% and a return on equity of 17.77%.  Analysts predict that  TIM will post 1.9 EPS for the current year. </p><h2>Institutional Inflows and Outflows</h2><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH bought a new position in  TIM in the 3rd quarter worth approximately $2,393,000.  Sanctuary Advisors LLC bought a new position in shares of  TIM during the 4th quarter valued at approximately $836,000.  Archford Capital Strategies LLC bought a new position in shares of  TIM during the 4th quarter valued at approximately $676,000.  Mirae Asset Global Investments Co. Ltd. boosted its position in shares of  TIM by 102.1% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 38,702 shares of the company's stock valued at $753,000 after acquiring an additional 19,552 shares during the last quarter.  Finally, JPMorgan Chase &amp; Co. boosted its position in shares of  TIM by 9.4% during the 3rd quarter. JPMorgan Chase &amp; Co. now owns 448,722 shares of the company's stock valued at $10,015,000 after acquiring an additional 38,649 shares during the last quarter. </p><h2>About TIM</h2> (Get Free Report)<p>TIM SA, a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies. TIM S.A is based in Rio de Janeiro, Brazil. The company operates as a subsidiary of TIM Brasil Serviços e Participações SA </p><h2>Read More</h2><ul><li>Five stocks we like better than TIM</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRJTUI?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVRJTUI"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in TIM Right Now?</h2><p>Before you consider TIM, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TIM wasn't on the list.</p><p>While TIM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TIMB

<p>Wall Street Zen downgraded TIM (NYSE:TIMB) from a "strong-buy" to a "buy" rating. Other analysts have also adjusted their ratings, with Barclays raising the price target to $28.00 and Weiss Ratings downgrading to a "hold". Currently, TIM has a consensus rating of "Hold" with an average price target of $26.10. The stock opened at $23.82, with a market cap of $11.53 billion. TIM reported $0.32 EPS for the last quarter, missing estimates. The company provides telecommunications services in Brazil.</p>

TIM (NYSE:TIMB) Lowered to "Buy" Rating by Wall Street Zen